Month: December 2018

Litecoin (LTC) was created in 2011 as one of the earliest spin-offs of Bitcoin. Google employee Charlie Lee, its creator, promised — what many others who followed him also do — to improve Bitcoin‘s efficiency for everyday transactions. An average block in Litecoin’s blockchain only takes 2.5 minutes to be processed, in comparison to Bitcoin‘s 10 minutes. Its developers claim that this helps make the transactions faster, although sometimes at the cost of reduced security. This is supposed to help a lot of merchants who only require small transactions and can afford decreased security. If they need more security, the… This story continues at The Next Web …read more Source::… Read More

Passwords may not have been much of an annoyance back in the 1960s, when they were first believed to have been introduced to the world of computing. But as we’ve increasingly adopted a wide range of personal gadgets and online services, they’ve become a pain to manage, and a point of vulnerability that hackers can exploit when conditions are in their favor. From what I’ve learned researching upcoming security measures, it looks like passwords aren’t going away anytime soon. For at least a few years into the future, we’ll continue to rely on them as a mode of authentication. But… This story continues at The Next Web …read more Source::… Read More

Flux, the London fintech that has built a technology platform for banks and merchants to power itemised digital receipts and a lot more, has raised $7.5 million in Series A funding. The round is led by VC firm e.ventures (which has previously backed the likes of Farfetch, Sonos and Groupon), with participation from existing investors PROfounders, and Anthemis. Founded in 2016 by former early employees at Revolut, Flux bridges the gap between the itemised receipt data captured by a merchant’s point-of-sale (POS) system and what little information typically shows up on your bank statement or mobile banking app. Off the back of this, it can also power loyalty schemes and… Read More

Flux, the London fintech that has built a technology platform for banks and merchants to power itemised digital receipts and a lot more, has raised $7.5 million in Series A funding. The round is led by VC firm e.ventures (which has previously backed the likes of Farfetch, Sonos and Groupon), with participation from existing investors PROfounders, and Anthemis. Founded in 2016 by former early employees at Revolut, Flux bridges the gap between the itemised receipt data captured by a merchant’s point-of-sale (POS) system and what little information typically shows up on your bank statement or mobile banking app. Off the back of this, it can also power loyalty schemes and… Read More

Fitness and gaming have been two of the most popular categories of apps for years, and now a startup founded out of London that has combined the two in a unique way has picked up a big round of funding to capitalise on that. Zwift, an interactive platform for people to turn indoor cycling workouts into massive, multi-participant races, social rides, and immersive explorations of new domains, has raised $120 million — money that its co-founder and CEO, Eric Min, said will be used to expand to more training categories (it’s first steps outside of cycling have been into running), and to add esports tournaments. The funding — led by… Read More